2-bedroom terraced house · PE12 9AA
Listing removedReduced £75 (−9.1%) on 10 JulListed 139 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
UPVC entrance door into Lounge Lounge UPVC window to front. Cupboard housing electric meter. Tiled flooring. Wall mounted flame effect electric heater. Radiator. Under stairs storage cupboard.
open to Kitchen 3.66m x 2.82m A range of wall and base mounted units with work top over. Breakfast bar. Space for freestanding cooker. Stainless steel sink and drainer with mixer tap over.
Space for undercounter fridge. Spot lights. Tiled floor. Tiled splash backs. Radiator. Stairs to first floor. Door leading to - Inner Hall 2.17m x 1.26m UPVC door to rear. UPVC window to side.
Tiled flooring. Door leading to - Bathroom 2.12m x 1.99m Panelled bath with an electric shower over and shower screen. Pedestal wash hand basin. Low level w.c. Radiator. Tiled flooring.
UPVC window to rear. First Floor Landing Doors off leading to - Bedroom One 3.72m x 2.75m UPVC window to rear. Cupboard housing gas combi boiler. Radiator. Loft access.
Bedroom Two 2.93m x 3.59m UPVC window to front. Radiator.
Exterior Garden Low maintenance garden laid mainly to paving forming a patio area along with paved pathway to the timber outbuilding which could be used as a work shop or for storage.
Gravelled area with raised flower bed. Out side tap and enclosed by fencing.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Seagate Terrace, Long Sutton, Spalding, Lincolnshire
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